85, OAK LODGE TYE, SPRINGFIELD, CHELMSFORD, CM1 6GZ - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

85 OAK LODGE TYE is a small detached house of 107m², built sometime between 1976 and 1982. It was last sold for £460,000 in December 2017, which was around 19% below the average December 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

85 OAK LODGE TYE Sold Prices

Land registry data shows three sales for 85 OAK LODGE TYE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 85 OAK LODGE TYE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 1 DEC	£460,000	£565,791	19% below HPI
2012 5 OCT	£320,000	£389,956	18% below HPI
2010 29 APR	£315,000	£360,277	13% below HPI

85 OAK LODGE TYE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 85 OAK LODGE TYE sales between April 2010 and December 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 85 OAK LODGE TYE?

85 OAK LODGE TYE is 107m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 85 OAK LODGE TYE lies on this distribution: 37% of detached houses are smaller than 85 OAK LODGE TYE, and 62% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

85 OAK LODGE TYE: Plot and Title Map

85 OAK LODGE TYE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 85 OAK LODGE TYE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 85 OAK LODGE TYE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 85 OAK LODGE TYE?

85 OAK LODGE TYE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 85 on OAK LODGE TYE.